Bound rate, simple mean, primary products in Democratic Republic of Congo

Democratic Republic of Congo: Bound rate, simple mean, primary products was 97.8% in 2020. ▬ Flat

Latest (2020)
97.8%
Change on year
unchanged
World rank
14th
of 157 countries
All-time high
98.2%
in 2003
All-time low
97.8%
in 2014
Years of data
9
2003–2020

Bound rate, simple mean, primary products in Democratic Republic of Congo, 2003–2020

0204060801002003201120202003: 98.2 %2006: 98.2 %2007: 98.2 %2008: 98.2 %2009: 98.2 %2010: 98.2 %2014: 97.8 %2019: 97.8 %2020: 97.8 %

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

Democratic Republic of Congo recorded 97.8% for bound rate, simple mean, primary products in 2020. That is the lowest value across all 9 years on record.

The figure is down 0.4% over ten years.

Over the whole period, bound rate, simple mean, primary products in Democratic Republic of Congo peaked at 98.2% in 2003 and was at its lowest, 97.8%, in 2014.

That places Democratic Republic of Congo 14th out of 157 countries with data for 2020, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 98.2% 98.2% 98.2% 5
2010s 97.9% 97.8% 98.2% 3
2020s 97.8% 97.8% 97.8% 1

Countries ranked near Democratic Republic of Congo

  1. 11 Kuwait 100.0% compare
  2. 11 Mozambique 100.0% compare
  3. 13 Myanmar 99.5% compare
  4. 15 Barbados 97.2% compare
  5. 16 Saint Lucia 96.5% compare
  6. 17 Ghana 96.1% compare

See the full ranking of 158 places →

More private sector data for Democratic Republic of Congo

All data for Democratic Republic of Congo →

Frequently asked questions

What is bound rate, simple mean, primary products in Democratic Republic of Congo?
Bound rate, simple mean, primary products in Democratic Republic of Congo was 97.8% in 2020, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Democratic Republic of Congo?
The highest recorded value was 98.2% in 2003.
What is the lowest bound rate, simple mean, primary products recorded in Democratic Republic of Congo?
The lowest recorded value was 97.8% in 2014.
How does Democratic Republic of Congo rank for bound rate, simple mean, primary products?
Democratic Republic of Congo ranks 14th out of 157 countries with data for 2020.
Is bound rate, simple mean, primary products rising or falling in Democratic Republic of Congo?
Over the last ten years it is down 0.4%. The long-run trend across the full record is flat.
Where does this Democratic Republic of Congo data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, primary products (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bound rate, simple mean, primary products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).